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Belgium Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
11,491,346 (July 2017 est.)
GDP (PPP)
$528.5 billion (2017 est.)

GDP growth rate
1.7% (2017 est.)

Low but stable and accelerating

GDP (PPP) per capita
$46,600 (2017 est.)

High

Local currency
Euro (EUR)

Financial stability (Public debt)
103.2% of GDP (2017 est.)

Very high but slightly shrinking

Inflation
2.2% (2017 est.)

Medium

Language
Dutch 60%, French 40%, German less than 1%

English widely spoken as a second language

Corruption perception index (Source: Transparency International)
16/180

Low level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

21% standard VAT rate Reduced rates of 12% and 6% apply on some basic goods or services
Corporate Tax

29% standard rate plus 2% surtax (29.58% effective rate)
Duties

EU rules apply

Whether you are looking for a European importer or you are just interested in Europe business, Globartis is the right platform for you!

We have a strong position in Europe B2B and Europe trade, especially European Union trade.

If you are interested in doing business in Belgium, or in finding Belgian manufacturing companies, we can help you. Thousands of companies in Belgium and Belgian SMEs use Globartis for their operations. Join our network today and find the right partner for your Belgium business. Connect with a Belgian manufacturer or Belgium importer, or source among Belgium export to find the right product.

Join now and grow your business in Brussels, one of the best cities for European business.

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